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Portland Trust Leases Entire Floreasca Park Office Building In Bucharest
Real Estate

Portland Trust Leases Entire Floreasca Park Office Building In Bucharest

Developer Portland Trust has fully leased the 37,500-square-meter Floreasca Park office building in Bucharest, The Advisers/Knight Frank, the exclusive agent of the real estate project, anno...

Oana Gavrila · 20.08.2014 · 12:34 · 1 min
DTZ: Bucharest Office Vacancy Rate Slightly Down To 15.7%, 330,000 Sqm Still Vacant
Real Estate

DTZ: Bucharest Office Vacancy Rate Slightly Down To 15.7%, 330,000 Sqm Still Vacant

The vacancy rate of offices in Bucharest has dropped slightly this year, to 15.7%, and 330,000 square meters are still vacant, even though the market saw a record lease volume in the first h...

Oana Gavrila · 20.08.2014 · 12:23 · 1 min
Immofinanz Brings New Shopping Mall Concept To Romania
Retail&Consumer

Immofinanz Brings New Shopping Mall Concept To Romania

Austrian property investor Immofinanz wants to bring to Romania a network of small-sized shopping centers, a concept it was planning to develop on the Romanian market before the start of the...

Ecaterina Craciun · 19.08.2014 · 17:54 · 1 min
H&M Expands Store In Bucuresti Mall To Include Home Deco Division
Retail&Consumer

H&M Expands Store In Bucuresti Mall To Include Home Deco Division

Swedish fashion retailer Hennes & Mauritz (H&M) will expand its store in the Bucuresti Mall shopping center in Bucharest, to include its home deco collection.

Oana Gavrila · 19.08.2014 · 16:11 · 1 min
Danish Furniture Retailer JYSK To Open 16th Romanian Store In Sibiu
Retail&Consumer

Danish Furniture Retailer JYSK To Open 16th Romanian Store In Sibiu

Danish furniture and home deco retailer JYSK will open its 16th store in Romania mid-October, in the Shopping City retail park in Sibiu, owned by British investment fund Argo Real Estate Opp...

Oana Gavrila · 19.08.2014 · 15:16 · 1 min
Romanian Businessman Dinu Patriciu Dies At 64
Social/Politics

Romanian Businessman Dinu Patriciu Dies At 64

Romanian businessman Dinu Patriciu, 64, has died in London, where he was receiving cancer treatment.

Oana Gavrila · 19.08.2014 · 12:11 · 2 min
AFI Cotroceni Retailers’ Sales Slightly Down To EUR92.3M 1H
Retail&Consumer

AFI Cotroceni Retailers’ Sales Slightly Down To EUR92.3M 1H

Retailers hosted by AFI Palace Cotroceni in Bucharest registered sales of EUR92.3 million in the first half of 2014, down 3.1% on the year, while revenues from rents increased 4.2% to EUR14....

Ecaterina Craciun · 18.08.2014 · 15:47 · 1 min
SIF Banat-Crisana To Auction Off 41 Retail Spaces In Oradea
Retail&Consumer

SIF Banat-Crisana To Auction Off 41 Retail Spaces In Oradea

Oradea-based company Calipso, controlled by regional investment fund SIF Banat-Crisana (SIF1.RO), wants to auction off 41 retail spaces for at least 18 million lei (EUR4 million) in early Se...

Ecaterina Craciun · 18.08.2014 · 14:47 · 1 min
Lawyer Remus Borza To Run Polisano Group
Health

Lawyer Remus Borza To Run Polisano Group

Romanian lawyer Remus Borza has been appointed president of the group of firms Polisano, which operates mainly in the healthcare industry, two months after the group's founder, doctor Ilie V...

Ecaterina Craciun · 18.08.2014 · 13:56 · 1 min